Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
interesting management argue the drop in sales in the usa is only because of shipping time not because of competition. according the FT article Shein us market share increased in 6 months from 15 % to over 25%
"Boohoo have net cash of £70mil and total liquidity of £170m… they need a US distribution warehouse to improve US distribution logistics - which they have stated they are looking to expedite and bring forward from 2023.. I think they would have it covered."
why only 2023? doesn't make sense unless they don't see a market for them there
its strange 2 directors selling lots of shares( 1th in November) now we have a shorter . this week CNE drops litigation against GoI,regarding Air India in US something nor rights hear
I dont understand why Boo cant raise the prices of there item ? is inflation only hitting Boo ? or maybe the cant because of Shein . Just heard Shein can sell so cheap because they manufacture it in china/s Concentration camps
CAIRO, Dec 12 (Reuters) - Iraq's Kurdistan Regional Government (KRG) said on Sunday that it would vigorously defend itself against any claim for compensation from Genel Energy (GENL.L) over the government's termination in August of gas production sharing contracts (PSC).
Genel, whose production is focused on the Iraqi Kurdistan region, said last week it will start arbitration for "substantial claims" against Iraqi Kurdistan over the termination of the PSCs for its Bina Bawi and Miran gas projects.
The London-listed energy producer has spent around $1.4 billion on the projects, including their acquisition, maintenance, drilling and other costs.
The semi-autonomous KRG denies breaching the PSCs and says it has always acted in accordance with its obligations.
"The Government will vigorously defend any claim that is brought by Genel, and intends to pursue its own counterclaims for damages resulting from Genel's renunciation of the PSCs," an official statement said.
https://www.ft.com/content/bfaf918a-307a-4270-9de6-5fb7331c9e69
https://www.youinvest.co.uk/shares-and-markets/research/what-clients-traded